REG - Pennant Int. Group - Change of Adviser

Pennant InternationalAnnouncement

15/07/2024 07:00

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RNS Number : 2574W  Pennant International Group PLC  15 July 2024

FOR IMMEDIATE
RELEASE
 15 July 2024

 

 

 

PENNANT INTERNATIONAL GROUP PLC

 

Change of Adviser

 

 

Pennant International Group plc (AIM:PEN), the systems support and training
solutions company, announces that its Nominated Adviser has changed to Zeus
Capital Limited with immediate effect.

This change follows completion of the acquisition by Zeus Capital Limited of
the WH Ireland Capital Markets Division (from WH Ireland Limited), announced
earlier today.

 

 

 

 Pennant International Group plc                                         www.pennantplc.com (http://www.pennantplc.com/)
 Philip Walker, CEO                                                      +44 (0) 1452 714 914

 David Clements, Commercial & Risk Director

 Michael Brinson, CFO

 Zeus Capital Limited (Nomad)
 Mike Coe / Sarah Mather                                                 +44 (0) 20 3829 5000

 Cavendish Capital Markets Limited (Broker)                              www.cavendish.com (http://www.cavendish.com/)
 Ben Jeynes / Callum Davidson / George Lawson (Corporate Finance)        +44 (0) 207 220 0500

 Michael Johnson / Dale Bellis / Sunila de Silva (Sales & Corporate
 Broking)

 Walbrook PR (Financial PR)                                              pennant@walbrookpr.com (mailto:pennant@walbrookpr.com)
 Tom Cooper                                                              +44 (0)20 7933 8780

 Joe Walker                                                              Mob: +44 (0)7971 221 972

 

 

Notes to editors:

Pennant International Group plc (AIM: PEN) is a technology driven, leading
global provider of system support services, technical services, and training
solutions. It supports its global customer base in the design, development,
operation, maintenance, and training of complex assets, to maximise
operational and maintenance efficiency.

 

Its key markets include Aerospace, Defence and Rail, and adjacent
safety-critical markets such as Shipping, Nuclear and Space.

 

The Group addresses the market through three key business lines:

 

• Systems support: software tools designed to help clients: manage and use
complex data; ensure equipment availability at optimal cost; and comply with
industry standards.  Its Integrated Product Support (IPS) and Integrated
Logistics Support (ILS) software and services equips customers with powerful
market-leading toolsets to manage, model and utilise complex equipment data.

 

• Training solutions: provide hardware, software and virtual solutions,
critical skills training for maintainers and operators of aircraft, ships and
land systems.

 

• Technical services: support all Pennant's software and training solutions
including consultancy, support and maintenance, training and bespoke
development.

 

The Company's full product suite encompasses consultancy, technical
documentation, rail services, training services, and bespoke engineering
solutions.

 

Pennant is strategically focused on sustainable recurring revenue and
profitability growth, shifting its model towards high margin software and
services. Against a climate of rising defence budgets and the burgeoning
technological complexity of military, aviation and rail platforms, the demand
for these solutions is expected to grow substantially.

 

Headquartered in Cheltenham, UK, the Group operates worldwide, with offices in
Europe, North America and Indo-Pacific, serving markets with high barriers to
entry often in regulated industries.

 

Pennant - Maximising Operational Efficiency - YouTube
(https://www.youtube.com/watch?v=mzWGdaY8clY)

 

 

 

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